It depends on how long you rent the house. The exclusion that you mention is for the sale of a principal residence. If you do ...

A retired IRS agent from Southern California has been sentenced to state prison after she was convicted of defrauding an ...

Every year, tax season brings with it mixed feelings, with a little stress, but also a lot of anticipation. For thousands of taxpayers in the United States, the most anticipated mo ...

Liz Weston, Certified Financial Planner, is a personal finance columnist for NerdWallet. Questions may be sent to her at 3940 ...

The US Internal Revenue Service (IRS) plans to use AI to replace workers having made extensive cuts to its workforce.

The IRS cautions taxpayers that even if they filed their tax returns, tax scammers are still at work with tactics that could ...

The IRS faces major challenges with mass layoffs, leadership turmoil, and operational disruptions in 2025. What do the ...

The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government ...

Weekday overtime hours are available, “but not part of the required 16 hours” of weekend overtime that is mandatory for some ...

Roth, received a 12-year prison sentence for defrauding an elderly person of their life savings in a Ponzi scheme.

The tax agency has shed over 20,000 employees through the deferred resignation program, and more significant cuts are still ...

The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here’s what to know.